641 N Hobart Boulevard, Los Angeles, CA 90004

$6,795,000
18
BD
24
BA
16,035
SqFt

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Listing courtesy of Listing Agent: Paul Schon (schonpaul@gmail.com) from Listing Office: STLiving, Inc..

List Price
$6,795,000
Status
ACTIVE
Days on Market
0
MLS#
26105498
Subtype
Residential Income
New Construction
Yes
Year Built
2023
Bedrooms
18
Bathrooms
24
Living Area
16,035
Lot Size
7,508
Acres
0.17
MLS Area Major
Mid-Wilshire (C17)

Property Description

641 N Hobart Blvd is a 16-unit apartment building completed in 2023 in Melrose Hill, one block south of Melrose Ave. The four-story building has an elevator, a gated 19-space subterranean garage and a rooftop deck with Hollywood Hills views. Units feature in-unit washer/dryers, central A/C, quartz counters, stainless appliances and vinyl plank flooring. The unit mix is 1 bachelor, 1 studio, 10 one-bedrooms (including 1 affordable unit) and 4 two-bed / 2-bath townhomes. Residents reimburse utilities through RUBS and submetering. The buildings in-place rents are below current new-construction comps, which leaves room to grow income as leases turn. Gross building area is 16,035 SF on a 7,505 SF LAR3 lot.

Additional Information

Zoning
LAR3
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Heating
Central
Air Conditioning
Yes
Stories
Multi Level
Levels
Multi/Split
Parking Features
Covered, Underground

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.